Property Overview: 267 Duffield Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This home is defined by its exceptional and rare combination of a large, private lot and a well-sized, updated living space. Its primary appeal lies in its generous 11,193 sqft lot, which ranks in the top 1% for size both on its street and in the Deer Lodge neighborhood. This offers significant potential for gardening, recreation, or future expansion. The 1,487 sqft living area is comfortably above average for the area, and the home benefits from a renovated basement and an attached garage.
The property suits two main types of buyers. First, it's ideal for those seeking a long-term family home with ample outdoor space in a established community, where the land itself represents a lasting asset. Second, it appeals to value-conscious buyers who understand that a home from the 1940s on such a large parcel presents a unique canvas; while the structure is older, the lot provides a rare opportunity not found in newer subdivisions. The home’s assessed value places it in the elite tier locally, reflecting its standout lot size and overall desirability within the immediate context of Deer Lodge.
Frequently Asked Questions
1. Is the high assessed value a concern for property taxes?
While the assessed value is in the top 2% for the street, it is based on market valuations which include the premium for the very large lot. Taxes should be evaluated against comparable sold prices in the area, not assessment alone.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, ceiling height, permits, and whether it includes a separate entrance or additional bedrooms.
3. How does the older year of construction (1940) affect the home?
It places the home among the older on the street. Prospective buyers should pay special attention to the condition of major aging components like the roof, foundation, plumbing, and electrical systems, which may need updating or have already been addressed.
4. The lot is large, but is it usable?
At over a quarter of an acre, the lot is a major feature. Its usability will depend on its topography, any existing landscaping or outbuildings, and zoning regulations regarding setbacks for any potential future additions or pools.
5. How does the 2017 sale price compare to today's value?
The home sold for $410,000 in 2017. The current assessed value of $450k suggests appreciation, but the actual market value will be determined by current market conditions, any upgrades made since the last sale, and buyer demand for a property with these specific characteristics.